Electricity bills in Pa., Del., N.J. will rise due to PJM auction

Date:

This story is part of the WHYY News Climate Desk, bringing you news and solutions for our changing region.

From the Poconos to the Jersey Shore to the mouth of the Delaware Bay, what do you want to know about climate change? What would you like us to cover? Get in touch.


Electricity bills for ratepayers across a large swath of the Mid-Atlantic will rise again as a result of a process the regional grid operator uses to guarantee future electricity supply during the hottest and coldest days of the year. Referred to as a “capacity auction,” the results reflect the costs of paying power plants to commit to future electricity production, as well as paying others to refrain from using electricity, if necessary. That…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...